Author: NBTC

Bitcoin ETFs have shattered multiple records with exceptionally high trading volumes and inflows. Out of all, Blackrock has seen the most success after being the one leading the pack. On Monday, Blackrock’s IBIT saw another day of around $1 billion in trading volumes, making it the sixth consecutive trading session. The surge in Bitcoin ETF performance has also led to the surge in Bitcoin prices, which have crossed the much-awaited $65,000 mark. Blackrock’s Bitcoin ETF Marks Another Session of $1 Billion Trading Volume According to data, for the sixth day running, BlackRock’s spot Bitcoin ETF has seen trading volume reach…

An unsolicited legal battle is brewing between Elon Musk, the billionaire investor and CEO of Tesla, and OpenAI CEO Sam Altman as the former just filed a lawsuit against the latter. Between Elon Musk and Sam Altman Per the details of the lawsuit filed, Elon Musk is accusing OpenAI of degenerating into a for-profit entity that is working solely for Microsoft, which the suit called the largest company in the world. Elon Musk argues that in contradiction to the founding agreement that mandates OpenAI to develop products for the benefit of all humanity, the company is now focused on refining…

In the blockchain industry, a looming notion persists that American regulators might attempt to “kill crypto” or stifle this innovative sector’s growth. This concern was further amplified by the Biden administration’s controversial proposal for a hefty tax on Bitcoin and crypto miners. Contrary to popular belief, the legal environment shaping the future of crypto is far from a death sentence. Instead, it signifies a complex dance between innovation and compliance Hefty Taxes May Kill Crypto Innovation With election year dynamics slowing legislative progress, the industry is left yearning for bills that could provide a clear direction. Although industry leaders remain…

Metaverse Web3 game Forever Has Fallen has officially launched on the Unique Network today, combining elements of storytelling and monetization. Players can engage with the game as Bounty Hunters in a digital universe, collecting clues, interacting with characters on social media, and discovering ‘easter eggs’, all while solving puzzles that contribute to their progression in the game. Unique is a part of the Polkadot ecosystem, where they created the non-fungible tokens (NFTs) called Bounty Hunter Tickets (BHTs), which unlock different experiences within the game. These tickets can be earned and sold in the marketplace, with the current record for the…

The Polkadot Blockchain Academy (PBA) has announced an exciting addition to its educational offerings: PBA Remote. This new initiative will offer a fully remote learning experience for a select group of students in the upcoming cohort. Scheduled from May 20th to June 20th, 2024, PBA Remote aims to break geographical barriers in blockchain education by allowing students to participate in lectures synchronously through livestream from the comfort of their own homes. ✨ We are excited to announce the launch of PBA Remote as part of the upcoming cohort in Singapore! This pilot initiative will open up new horizons in blockchain…

1inch Welcomes Lumia to its Liquidity Ecosystem Multichain liquidity aggregator 1inch has expanded its liquidity network by integrating Lumia, a move aimed at enriching on-chain liquidity and optimizing pricing for users. The integration, announced on March 18, marks a significant step forward for 1inch in broadening its liquidity offerings. Lumia: A Gateway to Centralized Exchange Liquidity Lumia’s integration with 1inch brings centralized exchange liquidity from platforms like Binance, OKX, and KuCoin to the decentralized realm. This extension of liquidity bridges the gap between centralized and decentralized finance, promising users access to competitive pricing on DeFi platforms. Empowering DeFi Users with…

The overall supply of ether dropped to its lowest level since August 2022. With a total of fewer than 1.12M ETH issued, almost 1.56M ETH has been burnt since Merge. The pace of decrease in the ether supply is also at its quickest since May 2023. According to statistics from ultrasound.money, the supply of ether has been decreasing at a rate of 0.872% per year during the previous 30 days. To put that in perspective, the rate of decrease has been 0.246% since The Merge itself. Dencun, the most recent update to Ethereum, went live on March 13. However, the…

The dog-themed cryptocurrency Shiba Inu (SHIB) has presented a compelling use case for its upcoming token, TREAT. Lucie, a Shiba Inu team member, shared this on X (formerly Twitter). SHIB’s Solution Powered by Zama“Initially, Shib’s solution powered by Zama will run on $TREAT, one of the Shiba ecosystem’s tokens developed to serve multiple purposes, including providing liquidity to the $SHI stablecoin, eventually replacing the $BONE token as the reward… pic.twitter.com/FexZhIsXWY — 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO 🧜🏼‍♀️ (@LucieSHIB) February 29, 2024 Shib recently announced a strategic collaboration with Zama, an open-source cryptography business that creates innovative Fully Homomorphic Encryption (FHE) solutions for…

The Crypto Council for Innovation (CCI) has filed an amicus brief on March 18 in support of Coinbase challenging the Securities and Exchange Commission (SEC) denial of its rulemaking petition. In December 2023, the SEC denied Coinbase’s petition for rulemaking. Coinbase has argued that the SEC has acted arbitrarily. An amicus curiae are briefs written by individuals or groups who are not directly involved in a legal case. The brief is a written submission to a court in which an amicus curiae – literally a “friend of the court” a person or organization which is not party to the proceedings…

Fighting game AI Arena looks very similar to Nintendo’s Super Smash Bros. series, with cartoonish combatants brawling for supremacy. What’s immediately obvious is that, of course, the game doesn’t feature the likes of Mario and Donkey Kong trading blows in iconic locales. What’s less obvious, however, is that there’s nobody mashing buttons to make these characters kick, punch, hop, and occasionally launch foes into the distance. They’re all controlled by artificial intelligence—but each AI has been meticulously trained by an individual human player. That’s the unique hook of AI Arena, which shakes up the familiar-looking fighting action by reorienting the…